401k Limit 2024 Over 55. Employer matches don’t count toward this limit and can be quite generous. For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500.

For 2024, the 401(k) limit for employee salary deferrals is $23,000, which is above the 2023 401(k) limit of $22,500. This limit includes all elective employee salary deferrals and any contributions made to a designated roth.